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Archive: 16 July 2022

Posts in 16 July 2022

Work from Home for SEZ Unit introduced vide SEZ (Third Amendment) Rules, 2022

July 16, 2022 3474 Views 0 comment Print

Learn about the new Work from Home policy introduced for SEZ Units under the SEZ (Third Amendment) Rules, 2022.

Deposit of Erroneous Refund Can be Claimed Back As ITC

July 16, 2022 4611 Views 0 comment Print

Learn how to claim back an erroneous refund as ITC. Understand the rules and procedures for re-crediting the electronic credit ledger in FORM GST PMT-03A.

Composition of Board of Directors under SEBI LODR

July 16, 2022 29403 Views 0 comment Print

Understanding the composition of Board of Directors under SEBI LODR and Companies Act. Discover the key elements and requirements for listed companies.

A Complete Analysis of ITR-U Return Filling and Its Parts

July 16, 2022 4566 Views 0 comment Print

Understand the concept of Income Tax Updated Return (ITR-U) and its implications. Discover how it allows taxpayers to rectify errors or omissions in their previous ITR filings.

Pass percentage & Toppers of CA Final May 2022

July 16, 2022 24324 Views 0 comment Print

Declaration of Result of Chartered Accountants Final Examination held in May 2022 – Pass percentage & Toppers of CA Final May 2022 Public Relations Committee The Institute of Chartered Accountants of India 15th July, 2022 ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Final Examination […]

SC on Adjudicating Authority have Discretionary power to admit application of Financial Creditor for initiation of CIRP: SC

July 16, 2022 1950 Views 0 comment Print

Supreme Court vide its order dated 12th July, 2022 held that section 7(5)(a) of Insolvency and Bankruptcy Code, 2016 (the Code), confers discretionary power on the Adjudicating Authority (AA) to admit an application of a Financial Creditor (FC) under section 7 of the Code for initiation of Corporate Insolvency Resolution Process (CIRP).

Income assessed at 1% on cricket betting in absence of satisfactory explanation

July 16, 2022 534 Views 0 comment Print

Held that AO correctly estimated the income of the assessee at 1% of the total transactions of cricket betting as found recorded in the laptops seized

Addition on cash sales accepted as revenue receipts as unexplained cash deposits unsustainable

July 16, 2022 1566 Views 0 comment Print

Held that undisputable the cash sales and details thereof is provided, VAT payment on such cash sales is also submitted. As the cash sales is not disputed by the department, adding the same as unexplained cash deposit unsustainable

Crowdfunding Regime In India

July 16, 2022 23181 Views 0 comment Print

Learn about the crowdfunding regime in India and how startups are using it to raise capital for early stage ventures.

Analysing Key Corporate Social Responsibility factors

July 16, 2022 735 Views 0 comment Print

In this paper in order to analyze the governance factor we will study the types of leadership traits that the CEO of a company adopts for its smooth functioning. We further look into the social and ethical governance factors with the help of various case studies and finish the paper with a comparative analysis of corporate social practices inside and outside India.

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